Court Rules Massachusetts Law Applies in Rhode Island Contamination Suit September 8, 2016 By Elizabeth Blosfield The Massachusetts Appeals Court has ruled that Massachusetts law should apply in deciding whether Narragansett Electric Co. (NEC), a Rhode...
Australia Airlines Ban Use of Samsung Galaxy Note 7 Phones After Battery Fires September 8, 2016 By Tom Westbrook Three Australian airlines have banned passengers from using or charging Samsung Electronics’ Galaxy Note 7 smartphones during flights due to...
Sompo Canopius Hires Pearce (Former AIG Exec) as Head of Heavy Industry September 8, 2016 Sompo Canopius AG announced the hire of Spencer Pearce as head of heavy industry. Pearce, one of a number of...
Lloyd’s Wins Right to Keep Oklahoma Quake Damage Lawsuit in New York September 8, 2016 By Robert Burnson Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best September 8, 2016 Europe’s top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from...
Barclays Says It Conducts ‘World’s First’ Blockchain-Based Trade Finance Deal September 8, 2016 By Jemima Kelly Barclays and an Israel-based start-up company have carried out what they say is the world’s first trade transaction using blockchain...
Chinese Firms Enter Private Health Insurance Market for Growth Opportunities September 8, 2016 Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity:...
8 Injured in Tennessee Fair Ride Accident September 8, 2016 Eight people were taken to hospitals after a ride shut down at the Delta Fair in Memphis on Saturday. Riders...
Coastal American Insurance Rolls Out Private Flood Endorsement in Mississippi September 8, 2016 Coastal American Insurance Co. has introduced a combined wind and flood insurance policy for policyholders in Mississippi. The new private...
22 Displaced by North Carolina Apartment Complex Fire Allegedly Started by Resident September 8, 2016 Firefighters rescued four adults and an infant from a burning apartment complex in east Charlotte, N.C., that officials believe was...